In the United States, over 1 in every 8 of the population
is an older American. During this decade, Americans aged
45-64 has increased by 31% and 65+ of the population is
expected to increase 101% between 2000 and 2030 at a rate
of 2.3% annually.
Sixty-five-year olds have an average life expectancy
of an additional 18.8 years (20 years for females and 17.3
years for males).
At a monetary point, in 2009, the major sources of their
income were social security, income from assets, private
pensions, government employee pensions and their earnings.
In 2010, almost 3.5 million elderly persons were below the
Apart from the assessment of the statistics of age and
income, it is also imperative to obtain awareness of vital
factors such as health.
In 2000-2009, 40% of non-institutionalized older persons
assessed their health as excellent or very good. On the
other hand, among those 65+ with a severe disability, 64%
reported their health as fair or poor.
Also, in 2007-2009, the most frequently occurring conditions
among older persons were diagnosed arthritis, uncontrolled
hypertension, heart diseases, cancer, diabetes and sinusitis.
Present as well, in 2010, are reports of 37% older persons
suffering from disabilities like difficulty in hearing,
vision, cognition, ambulation, self-care or independent
living. These disabilities increases with age as 56% of
persons older than 80 reported a severe disability and 29%
of the over 80 populations reported that they needed assistance.
Moreover, in 2010, older Americans spent 13.2% of their
total expenditures on health, more than twice the proportion
spent by all consumers.